Steve Cohen Is So Serious About Buying The Dodgers, He's Already Hired An Architect For Their Stadium

After backing away from buying a minority stake in the Mets
earlier this year, the hedge fund manager is now exploring full
ownership of another financially troubled Major League
Baseball franchise, the Los
Angeles Dodgers:

Cohen’s desire to buy the Dodgers appears to be quite strong. The
Los Angeles Times said he had hired the investment banker Steve
Greenberg, a former deputy commissioner of Major League Baseball
who is representing the Mets in selling their minority shares and
sold the Houston Astros for Drayton McLane.

Cohen has also hired a architecture firm to explore changes to
Dodger Stadium.

If Cohen's bid is successful, it still must be approved by the
MLB, which
might be tricky given that Cohen's fund, SAC, is at the center of
SEC
investigations into insider trading, with two former portfolio
managers pleading guilty.

However, media mogul David Geffen and billionaire Eli Broad have
vouched for Cohen, telling the LA Times he would make a good
owner of the team.